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Laguna Beach $1.2 Million Home Raffle Tickets Sell at Record Pace,
with 70% of Tickets Sold

Early Bird 1 Drawing to be held Sept. 3, 5:30 p.m.

DANA POINT, CA, August 25, 2008 - Tickets for the Ocean Institute's exciting 2008 Laguna Beach $1.2 Million Home Raffle are selling at a record pace, reported Dan Stetson, President of the Institute. To date, over 14,000 of a total 20,000 tickets have been sold with $2.1 million grossed for the Institute.

"Despite our slow economic times, hope is alive and well in Orange County," remarked Stetson. "Our raffle ticket sales have been better than ever, and we're on target to again sell out early this year."

He added, "Whatever the outcome of the raffle, the real winners will be the 110,000 school children who come to the Institute each year."

The first Early Bird drawing will be Wednesday, September 3, 5:30 p.m. at the Institute. The top prize for Early Bird 1 will be $20,000 cash. The deadline for the second Early Bird drawing will be Wednesday, September 17. Participants who enter by midnight have the opportunity to win an additional $33,000 in cash prizes. All tickets, including the Early Bird winning tickets, are automatically re-entered for the Final and Grand Prize Drawing to be held November 8, 2008 at the Ocean Institute in Dana Point.

The Grand Prize is a beautiful Laguna Beach home with an estimated value of $1.2 million or $1 million in cash. The home has a spectacular, panoramic view and is an easy walk to the beach.

Tickets are $150 each. A maximum 20,000 tickets will be sold; in addition to the grand prize, there will be over 175 cash and merchandise prizes plus a bonus drawing for multiple ticket purchasers. The 1st prize for multiple ticket purchasers is a 2009 Lexus RX400h or $20,000 in cash; the 2nd prize is the winner's choice of one of a series of dream vacations that include airfare or $10,000.

To purchase a ticket or for more information on the raffle, please call (949) 496-2274 or visit our website. All proceeds benefit the non-profit Ocean Institute. The 2008 $1.2 Million Home Raffle is registered with the California Attorney General's Office. For information about the Institute, please visit www.ocean-institute.org.

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